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Jan 10, 2023 at 11:12 AM

income tax exemption under section 10 on conveyance in payroll SAP india

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We have processed payroll with exemption of Rs.19200/- on conveyance from April 22 to Oct 22. Now it is realized that exemption under section 10 on conveyance is revoked long back during 2019-20 fiscal year.

Is it possible to reverse the exemption granted to employees in payroll.

Please guide.